Gothamist: Judge Temporarily Blocks $2.50 Taxi Surcharge Scheduled For January 1st

By Jake Offenhartz

A New York judge has temporarily blocked a state congestion pricing surcharge that would have added a $2.50 fee to yellow cabs and some for-hire vehicles in order to help fund the subways.

FILING BANKRUPTCY WHILE IN A DIVORCE CAN BE A TRAP

FILING BANKRUPTCY WHILE IN A DIVORCE CAN BE A TRAP
divorce and bankruptcyLost? Never guess at which way to go because there could be hungry lions waiting around the corner.

How Often Can You File for Bankruptcy in California?

Recent tough economic times have made it difficult for many people to meet their financial obligations. However, debt should not be the end of the road for debtors. The law provides different alternatives to allow people to pay what they owe while they build a new financial beginning. Bankruptcy has been a powerful tool to […]
The post How Often Can You File for Bankruptcy in California? appeared first on The Bankruptcy Group, P.C..

November 2018 TLC medallion sales

The November 2018 New York City Taxi & Limousine Commission (TLC) sales results have been released to the public. And as is our practice, provided below are Jim Shenwick’s comments about those sales results.
1. The volume of transfers rose again from October. In November, there were 154 unrestricted taxi medallion sales.
2. However, almost all those transfers were bankruptcy and foreclosure transfers!

How Long After a Bankruptcy Can I Get a Credit Card in California?

Every year, thousands of people get the financial start they want through bankruptcy. Despite what many people believe, bankruptcy has been vital in the economic recovery of debtors around the country for many years. However, what happens after your discharge? Can you apply for a credit card after you have finalized your bankruptcy? Our Roseville […]

Thieves Steal Identity and Money – IRS warning

IRS Tax Tip 2018-186
Don’t take the bait: Here’s how taxpayers can avoid getting caught by a phishing scam
Data thieves don’t take a break during the holidays. In fact, the IRS warns taxpayers that the agency is seeing a large increase in bogus email schemes that seek to steal money or tax data.

More Retirees Are Filing for Bankruptcy

More and more retirees are filing for bankruptcy due to several reasons. Disappearing benefits, rising medical costs, planning inadequately, increasing caretaker expenses, and declining income are a few of the major causes. More seniors are not only filing for bankruptcy, but they also are representing a larger percentage of filers. In 1991, only 2% of bankruptcy filers were 65 years or older. Now, more than 12% of bankruptcy filers are seniors, up 10% in less than thirty years.

More Retirees Are Filing for Bankruptcy

More and more retirees are filing for bankruptcy due to several reasons. Disappearing benefits, rising medical costs, planning inadequately, increasing caretaker expenses, and declining income are a few of the major causes. More seniors are not only filing for bankruptcy, but they also are representing a larger percentage of filers. In 1991, only 2% of bankruptcy filers were 65 years or older. Now, more than 12% of bankruptcy filers are seniors, up 10% in less than thirty years.

City of Chicago’s New Ordinance Regarding Parking Tickets

When: Effective January 1st, there is new help for Chapter 7 debtors who owe money to the City of Chicago for  parking tickets and related fines.  A new Ordinance, sponsored by Mayor Emanuel provides in part that: Payment Plan: An eligible bankruptcy debtor may establish a payment plan to repay fines that were incurred within+ Read More

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